I'm trying to understand trading terminology, and I came across the term 'CPR'. I'm not sure what it stands for or how it's used in the context of trading. Can someone explain what a CPR is in trading?
5 answers
BlockchainLegend
Wed Nov 20 2024
The Central Pivot Range, or CPR, serves as a significant tool in technical analysis.
Eleonora
Wed Nov 20 2024
It is primarily utilized to pinpoint crucial price levels that can inform trading decisions.
Bianca
Wed Nov 20 2024
By identifying these key points, traders can establish entry and exit strategies for their positions.
AndrewMiller
Tue Nov 19 2024
CPR acts as a reference for determining potential areas of support and resistance.
Daniele
Tue Nov 19 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services to its users. Among these are spot trading, futures trading, and a secure wallet solution. These services cater to the diverse needs of crypto traders, providing a comprehensive platform for their trading activities.